High Limit Credit Cards

High Limit Credit CardsWhat are the most suitable 0% high limit credit cards in the UK in 2018?

High limit credit cards can be defined as those 0% credit cards which offer new credit card customers a high credit limit.

Many customers would prefer an initial high credit limit when the customer first applies for the new credit card.

Many UK customers are looking for credit cards with high limits, often for one of following two reasons:-

  • You have a high balance on your current credit card and would like to make a balance transfer to a new credit card. This will allow you to benefit from the 0% introductory offer on balance transfers.
  • You would like to make a high value purchase using this new credit card. This will allow you to benefit from the 0% introductory offer on purchases.

In both of the above cases, the credit card customer will need to be given a high credit card limit. A large credit card limit allows a customer to make a larger purchase or balance transfer with their card.

Highest Credit Card Limit UK

Many customers are looking for a new 0% credit card with the highest credit card limit in the UK. Customers are more likely to be successful in obtaining high limit credit cards if they have:-

  • An excellent credit history
  • No recent bad debt problems
  • No recent missed or late payments
  • A low level of overall debt, excluding any mortgage
  • An annual income of around £20,000 or more

Many of the banks and credit card companies will look for a customer to meet all of the above criteria, before providing high credit limit credit cards to new customers.

High Limit Credit Cards

There are more than 90 UK 0% credit cards currently available online. What are the most suitable cards for customers looking for high limit credit cards?

The credit card companies have generally tended to be more cautious with their lending, since the banking crisis began. This has meant that, for many customers, initial credit card limits have tended to be lower than in the years before the banking crisis began.

However, we have often seen that some credit card companies can still be more generous with their credit limits than certain other card companies.

All of the following featured credit cards, in our experience, are most likely to be suitable for customers looking for UK high limit credit cards:-

0% Credit Card Offers

Balance Transfers:
0% for 20 months
Balance Transfer Fee:
2.9%
Purchases:
0% for 20 months
Representative APR:
19.9% APR (variable)
More Information

Credit Card Details

M&S Shopping Plus Credit Card*
  • 0% for 20 months on balance transfers made within 90 days of account opening
  • 2.9% balance transfer fee, minimum £5
  • 0% on purchases for 20 months from account opening
  • Collect M&S points every time you shop anywhere in the world with your card
  • Preferential rates when you use your card to order M&S Travel Money
  • Manage account online
  • Annual Fee: £0
More Information

Application Criteria

M&S Shopping Plus Credit Card*
  • You are a UK resident
  • You have a UK bank or building society account
  • You are aged 18 or over
  • You have not held a credit card with M&S Bank within previous 12 months
More Information
Representative Example: 19.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 19.9% p.a. (variable)

0% Credit Card Offers

Balance Transfers:
0% for 12 months
Balance Transfer Fee:
0%
Purchases:
0% for 12 months
Representative APR:
17.9% APR (variable)
More Information

Credit Card Details

Nationwide Credit Card just for Nationwide members*
  • 0% on balance transfers for 12 months from account opening
  • 0% balance transfer fee within first 3 months, 2.4% fee applies after, minimum £5
  • 0% on purchases for 12 months from account opening
  • Commission free allowance on purchases abroad (subject to terms)
  • Manage account online
  • Annual Fee: £0
More Information

Application Criteria

Nationwide Credit Card just for Nationwide members*
  • Our credit cards are just for members. Youre a member when you have a current account, mortgage or savings account with us
  • You have been living in the UK for the last 12 months
  • You have a gross income each year of more than £5000
  • You have a good credit history
  • You are aged 18 or over
More Information
Representative Example: 17.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 17.9% p.a. (variable)

0% Credit Card Offers

Balance Transfers:
0% for 28 months
Balance Transfer Fee:
0.99%
Purchases:
0% for 6 months
Representative APR:
19.9% APR (variable)
More Information

Credit Card Details

M&S Transfer Plus Credit Card*
  • 0% for 28 months on balance transfers made within 90 days of account opening
  • 0.99% balance transfer fee, minimum £5
  • 0% on purchases for 6 months from account opening
  • Collect M&S points every time you shop anywhere in the world with your card
  • Preferential rates when you use your card to order M&S Travel Money
  • Manage account online
  • Annual Fee: £0
More Information

Application Criteria

M&S Transfer Plus Credit Card*
  • You are a UK resident
  • You have a UK bank or building society account
  • You are aged 18 or over
  • You have not held a credit card with M&S Bank within previous 12 months
More Information
Representative Example: 19.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 19.9% p.a. (variable)

0% Credit Card Offers

Balance Transfers:
0% for 12 months
Balance Transfer Fee:
3%
Purchases:
None
Representative APR:
19.9% APR (variable)
More Information

Credit Card Details

Asda Cashback Credit Card*
  • 0% on balance transfers for 12 months
  • 3% balance transfer fee, minimum £3
  • 0% for 6 months on purchases of £200 or more at George.com
  • 1% cashback on your Asda shopping online and instore
  • 1% cashback at Asda Living, Asda petrol stations and George.com
  • 0.2% cashback everywhere else
  • Annual Fee: £0
More Information

Application Criteria

Asda Cashback Credit Card*
  • You have a permanent UK address
  • You have a UK bank or building society account
  • You are able to provide at least one telephone number
  • You have a regular source of income
  • You are aged 18 or over
More Information
Unlimited cashback vouchers - 1% at Asda plus 0.2% everywhere else
Representative Example: 19.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 19.9% p.a. (variable)

Credit Cards With High Limits

Customers are more likely to be accepted for any of the above high credit limit credit cards when they can successfully meet all of the application criteria that the credit card company is looking for.

Are you a customer looking to apply for any of the highest credit card limit cards? Then, it is important that you take extra care with the online application forms.

Any mistakes that you make on the application form, are more likely to lead to your application being declined. This failure may then in turn further reduce your prospects of successfully applying for other 0% credit cards with high limits.

Most 0% credit cards in the UK are issued as MasterCard credit cards. High limit credit cards, for example a credit card with a £5000 limit or higher, are available as both Visa and MasterCard issued credit cards. The choice of payment network makes no difference to the credit limit.

The above UK featured credit cards are high limit credit cards which do not charge a customer any annual fee.

What Is The Highest Credit Card Limit You Can Get?

We often see customers looking for answers about the highest credit card card limit you can get in the UK.

Credit cards with high limits are not all that common in the UK credit card market, although they do happen. We have seen people given a £10000 credit card limit when applying for a new credit card. However a large credit card limit like this, is usually quite rare.

The average credit card limit for one of the largest UK credit card company’s is currently, a rather lower figure of £4000.

Your actual credit limit is decided by the credit card company. The limit is based only on their lending criteria, the information provided by you on the application form combined with the information held by the credit reference agency.


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